HCSC layoffs Latest Update | Updated November 2023

As of November 2023, discussions and rumors circulate regarding potential layoffs at HCSC (Health Care Service Corporation). However, specific details about the latest layoffs are not currently available.

History of Layoffs at HCSC

December 2019 Layoffs:

• HCSC laid off several middle-management positions, including vice president roles.
• The decision followed several C-level exits within the company.

January 2020 Layoffs:

• Around 400 employees were cut, primarily from middle-management positions.
• The goal was to reduce organizational redundancy and enhance decision-making efficiency.
• The layoffs targeted senior manager and director titles.

HCSC Workforce Overview

HCSC Workforce: Over 23,000 Employees Spanning Illinois, Montana, New Mexico, Oklahoma, and Texas, with Plans for 1,000 New Jobs in Key Areas

Background on HCSC

• Health Care Service Corporation (HCSC) is the largest customer-owned health insurer in the United States, with over 18.6 million members across Illinois, Montana, New Mexico, Oklahoma, and Texas.
• Founded in 1936, HCSC has a rich history of innovation in affordable health care insurance, credited with developing the world’s first hospital care prepayment plan.
• HCSC is dedicated to expanding access to high-quality, cost-effective health care. The company provides members with information and tools to empower them in making informed health care decisions for themselves and their families.
• With approximately 3,400 clinicians, including doctors, nurses, social workers, and pharmacists, HCSC ensures that its members receive the necessary care.
• HCSC is committed to improving the health and well-being of the communities it serves through various social responsibility efforts. This includes corporate giving, local community relations, volunteerism, diversity and inclusion, ethics and compliance, wellness, and sustainability initiatives.
• The company actively invests in community-based efforts to remove social barriers to health, particularly in expanding access to quality, cost-effective behavioral health care.
• For more detailed information, you can visit the official website at hcsc.com.